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20130206
20130206
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.2 trillion across the board cuts which is left over from the debt ceiling negotiations a year and a half or a couple of years ago, half of those domestic cuts/across the board and halves defense programs, what would it mean to the defense budget or to the pentagon or to our active military today? >> if you listen to current defense secretary leon panetta, sequestration would be cataclysmic for the pentagon. the pentagon would have very little jurisdiction, contractors in the industry. there would obviously be furloughs, lay-offs and very little ability to plan ahead for how to run their businesses particularly when we keep having these two-month delays. we dealt with this issue of sequestration right before the end of the year. now heading up to march 1st and we are dealing with it again. it leaves very little ability for the especially small contractors to plan. that said at a time republicans are saying that the president has not -- the president, senate democrats have not offered a real plan to fix sequestration which they say is something, a situation the
perfect storm of sequestration in the debt ceiling decision, which shouldn't really be a decision. all you've been hearing for the majority in the house from republicans in the senate is austerity, cuts and avoided the whole discussion of the fact that attitude and philosophy is only going to worsen the economy. if sequestration goes through that's about 660,000 jobs lost the first year in the balancing act is about creating revenue. creating revenue from sources that should be on the table that are being discussed on the table. the balancing act is a bad investment in this term with jobs, education, r&d, things we need to grow and sustain the recovery we are on. so it's an investment in this term and we recognize the deficit is an issue of our long-term than the balancing act repealing sequestration creates in this country an opportunity to continue to recover and stabilize our economy, advice and thanks for the future and put on the table of revenue that is not data needs to be part of the revenue generation in order to do with the deficit issue still needed for recovery. thank you very
resolution, and the postponed debt ceiling decision. which shouldn't be a decision. all you have been hearing from the majority in the house and the republicans in the senate is, austerity, austerity, cuts, cuts, and avoiding the whole discussion of the fact that those -- that attitude and that philosophy is only going to worsen the economy. if the sequestration goes through, that's 650,000 jobs lost the first year. and the balancing act is about creating revenue. and creating revenue from sources that should be on the table but aren't being discussed on the table. balancing act is about investment in this term with jobs, education, r & d, things that our country need in order to grow and sustain the recovery we're on. so, investment in this term, and we all recognize the deficit is an issue but it is an issue over a long term, and the balancing act by repealing sequestration creates for us in this country an opportunity to continue to recover and stabilize our economy, invest in thing wes need for the future, and put on the table revenue that is not there that needs to be part of the revenue
Search Results 0 to 2 of about 3